FEVERTREE

[phillo]

After a good run , the  price fell back quite a bit today & I don't know why. Can anyone shed some light on this price drop.           Many thanks

[Pieman]

Hi @elle

I do not follow this share so do not have specific information, but your question reminded me of this from @rimmy2000 that I read recently and found really informative:

 

 

[phillo]

thanks for the replies,  you're very kind . I just thought that due to the size of the move, there was some news

[phillo]

[phillo]

If I knew, I wouldn't have asked   !!!!!

Obviously a channel break  - recent director sell,  had quite a run    etc     -  but that's quite a move

[trade247]

posted on this recently .... bit early on that sell order but not bad.

Currently 300 points in profit. Was tempted to add at 4000 to the short but didn't...  worried about a break. My post below may provide some insight. It's trading pretty aggressive for the fundamentals and balance sheet.

 

Edited October 5, 2018 by cryptotrader

[phillo]

Well done

[rimmy2000]

On 04/10/2018 at 20:49, TrendFollower said:

@elle, why do you think the price dropped?

What are your thoughts?

Profit taking I think. Markets a bit wobbly and people turning to cash? highly rated share, so risk is high at these levels, imo.

[Guest PandaFace]

Profit taking and a solid trend suddenly broken. People have been running this on the upside by waiting for a get out. Guess that time was now. 

[trade247]

fevertree actually tanking today. Chart below shows entry price of 3650 but not correct date of entry. Seeing what tomorrow brings but likely to close significant proportion

[phillo]

[CharlotteIG]

This morning : Fevertree shares plunge 17%, FY earnings down about 5%

[phillo]

[CharlotteIG]

Great piece explaining the slump and what HSBC and Liberum Capital analysts think of the stock. 

Fevertree trading update: where next for the share price?

 

Trading update out on Thursday 23rd Jan. What are you thinking for this stock?

[dmedin]

Quote

However, it is worth noting that both price targets were issued prior to Fevertree issuing its profit warning.

 

Quite.

[dmedin]

Zut alors Samwise Gamgee, will it fall right back down to 1003?

 

Edited January 20, 2020 by dmedin

[dmedin]

Next stop, 1019? 🤨

Edited January 30, 2020 by dmedin

[dmedin]

Are these better S/R lines?  They look better to me 🤔

[dmedin]

🤔  Doesn't look right on a weekly chart.

Edited February 15, 2020 by dmedin

[dmedin]

Two rejections of 200 day SMA and threatening to close beneath 20 day SMA = sell!

[dmedin]

It's a buy right now Tabitha